About Steve Selengut,
the Retirement Income Coach
Hi, I’m Steve Selengut–and that photo above is of me on a recent trip to Ireland. These days, I spend more of my time traveling the world with my wonderful wife, Sandie. Egypt and South Africa were our two latest adventures. We’re also able to live close to the Kiawah golf resort near Charleston, SC.
How do we afford this lifestyle? Well, building retirement income has been the focus of my whole career. I spent more than 50 years as a private investment portfolio manager, including 44 years managing up to 300 different client portfolios at a time. I sold my investment management business in 2023 with over $100 million under management.
I'm not funding my retirement lifestyle by slowly selling off 4% of my market value each year. Instead, my portfolio generates plenty of cash for us to live on, leaving all the working capital (principal) intact.
Throughout my career, I created high-income portfolios for my clients and myself using a little-known but powerful income vehicle: the Closed End Fund, hundreds of them! As a result, our portfolios grew in both income production and working capital every quarter, every year.
Seeing so many retirees scraping by–or worse, having to slowly liquidate a lifetime’s worth of investments to cover basic expenses–drives me crazy! I wrote Retirement Money Secrets to help more investors understand how the markets really work, and to take advantage of their constant volatility.
I wrote Retirement Money Secrets to change your investment focus to one that emphasizes income production and to show you how I routinely generated more spending money for my clients than they needed, year after year. For decades, I was able to reinvest most of that income to consistantly grow both income production and total working capital. There are samples in the book and links to people you can chat with about the process and its potential.
Personalized Approach
Unlike many top-selling investment book authors, I have hands-on experience managing other people's money, offering a unique, personalized approach tailored to your individual needs and goals. I am here to familiarize you with income focused investing techniques that I have used successfully for many years.
If you were to ask your financial pro about the spendable income produced by your portfolio, she or he would probably start to talk about returns and market values... neither of which can be spent. By reading Retirement Money Secrets, you will learn to think in terms of realized income.
Through my coaching, I can help you train your trusted advisors so that they will get you the income you should be producing from your portfolio.
There are two questions you need to ask your financial advisor:
- How much income, as a percent, is my portfolio producing?
- Are you interested in learning how to make that number at least 7% and most often much higher?
More income in retirement–that's my purpose. That's what I want to give to as many people as I can touch. More spending money from their portfolios without ever dipping into principal.